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Devaluation of Azerbaijani National Currency; Causes and Consequences

Center for Economic and Social Development
Starting on February 21st, 2015 the official exchange rate of the dollar to the manat, the Azerbaijani national currency, has been set at 1.05 manat, which is 33.86 percent higher than the exchange rate set prior to the beginning of the exchange rate weakening process.
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Contributor: Center for Economic and Social Development - http://www.cesd.az/
Topic: Economy and Development
Country: Azerbaijan
Document Type: Featured Article
Year: 2015
Keywords: Devaluation, Oil Prices, Central Bank, Currency
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